NNN REIT reports 2024 annual results with FFO per share up 2.5% and provides 2025 guidance

NNN REIT, INC.

2024-FY EPS reported $2.15 revenue$869,266,000

FFO per share for full year 2024 was $3.32, a 2.5% increase over 2023.
AFFO per share for 2024 was $3.35, up 2.8% from prior year.
Annual dividend increased to $2.29 per share, marking the 35th consecutive annual increase.
Occupancy at year-end 2024 was 98.5% with weighted average lease term of 9.9 years.
2025 Core FFO guidance per share is $3.33 to $3.38.

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